Plan Ledger DOL Form 5500 · updated monthly

Thrifty Payless Inc.401(k)

THRIFTY PAYLESS, INC. 401(K) RETIREMENT SAVINGS PLAN FOR COLLECTIVE BARGAINING PHARMACISTS · HARRISBURG, PA · plan year 2024

Reported admin expense ratio · 2024
0.05%

Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works

Thrifty Payless Inc. reported $118,686 in plan administrative expenses for 2024: 0.05% of average plan assets, below the peer median. Employer contributions averaged $632 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.04% to 0.05%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other retail trade employers. By assets it is the 228th-largest of 3,651 plans among Pennsylvania employers on file, and the 170th of 5,215 in retail trade. In 2024, employees put in $18.62 for every $1.00 the employer contributed; active participation has shrunk from 780 to 600 since 2022.

Plan summary
Net assets, end of year$266,922,292
Participants with balances884
Active participants600
Employer contributions$379,048
Employee contributions$7,058,794
Employer contribution per active participant$632
Average account balance$301,948
Benefits paid to participants$22,374,710
Plan auditUnmodified (clean) audit opinion
AuditorCLIFTONLARSON ALLEN, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$266.9M · 884 accts · $379K emplr
2023$244.2M · 947 accts · $488K emplr
2022$215.0M · 966 accts · $493K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$96,733
Investment management$5,153
Audit (IQPA)$16,800
Total administrative$118,686
The Thrifty Payless Inc. 401(k) match · 2024
Employer contribution per active participant$632
Median for plans this size$4,294
2024$632 per active participant
2023$666 per active participant
2022$632 per active participant

Thrifty Payless Inc.'s 2024 employer contribution ran below the $4,294 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
EMPOWER ANNUITY INSURANCE COMPANY · Recordkeeping · Loan processing$96,733
EMPOWER ADVISORY GROUP, LLC · Investment management · Investment advisory (participants)$59,324
CLIFTONLARSONALLEN LLP · Accounting / audit$16,800
NEPC LLC · Investment advisory (plan)$5,152

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Empower
2023Empower

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$118,686 · 0.05%
2023$141,979 · 0.06%
2022$97,134 · 0.04%
Similar plansRetail Trade · Pennsylvania
Amerigas Propane, Inc. PA$530.0M · 0.10%
Urban Outfitters, Inc. PA$513.3M · 0.12%
Weis Markets, Inc. PA$304.0M · 0.70%
Clark Core Services, LLC PA$258.2M · 0.39%
Adapthealth, LLC PA$159.0M · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 954391249 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.